Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. statistics
  3. in the survey of 1500 students for the united stat

In the survey of 1500 students for the united states age 18 and under, 1043 were...

70.2K

Verified Solution

Question

Statistics

In the survey of 1500 students for the united states age 18 andunder, 1043 were concerned about how they would pay forcollege.

a) Find the mean and standard deviation of those concerned aboutfinancing college.

b) Construct a 90% confidence interval for the populationproportions. Interpret your results.

c) Find the minimum sample size needed to estimate thepopulation proportion at the 99% confidence level in order toensure that the estimate is accurate within 4% of the populationproportion.

Answer & Explanation Solved by verified expert
4.2 Ratings (515 Votes)
a Given X 1043 n 1500Sample proportion Let X denote the random variable with the event of success beingthat the students are concerned about how they would pay    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

*Excel formulas needed* A Canadian firm is evaluating a project in the United States. This project...

Psychology
1.2K views

Think about your own life and any changes that may have started to occur since adulthood....

Physics
1.2K views

STATEMENT 1 A vertical iron rod has a coil of wire wound over it at...

Physics
1.2K views

57 When a monochromatic point source of light is at a distance r from a...

Algebra
1.2K views

2 3 2 1 2 0 2 6 8 10 Match each transformation of function...

Algebra
1.2K views

The following function is one to one Fin

Accounting
1.2K views

(Related to Checkpoint 5.7) (Calculating an EAR) After examining the various personal loan...

Accounting
1.2K views

Department A had 4,900 units in Work in Process that were 73% completed as to...

Accounting
1.2K views

What is an IRS Form 990 for Not-For-Profit Entity?, what is its focus, what are...

Accounting
1.2K views

Bank reconciliation The following data were gathered to use in reconciling the bank account of...

Finance
1.2K views

QUESTION 9 (5) Briefly explain the five (5) primary methods or models that are commonly...

Accounting
1.2K views

You are a supply manager for a major distributor. The CEO has strongly encouraged that...